Equipment Investment and the Relative Demand for Skilled Labour: International Evidence

The effects of equipment investment on relative wages and employment of skilled labor are estimated. The basic hypothesis is that such effecst are positive, due to the presence of either equipment-skill complementarity or skill advantage in technology adoption. Using a panel data set for a wide range of countries, the relative wage and relative employment of skilled workers are regressed on lagged investment in machinery and other relevant variables.

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Year of publication:	1998
Authors:	Flug, K. ; Hercowitz, Z.
Institutions:	Foerder Institute for Economic Research, Eitan Berglas School of Economics
Subject:	INVESTMENTS \| SKILLED WORKERS

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Series:	Tel Aviv.
Type of publication:	Book / Working Paper
Notes:	34 pages
Classification:	J21 - Labor Force and Employment, Size, and Structure ; D21 - Firm Behavior ; J31 - Wage Level and Structure; Wage Differentials by Skill, Training, Occupation, etc
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005647299